ATP CTP taxes
03-22-2018, 12:47 AM
#21
Gets Weekends Off
Joined APC: Jun 2014
Posts: 924
Actually, even if you did not receive a 1099, you should report it as income voluntarily because it is an economic gain to you. If you sell bananas on the side of the road and are paid in apples, you are still obtaining income and must report it to the IRS.
As for issuing a 1099 for the type rating, I suppose this has to do with the threshold issue of whether the educational benefit is to obtain the minimum requirements to hold the job vs education to sustain the job. While the expenditure of type rating pilots fits better in the latter category, the atp is clearly in the former category.
I am scheduled to start soon. Do you guys talk to each other like this in person? Just curious.
As for issuing a 1099 for the type rating, I suppose this has to do with the threshold issue of whether the educational benefit is to obtain the minimum requirements to hold the job vs education to sustain the job. While the expenditure of type rating pilots fits better in the latter category, the atp is clearly in the former category.
I am scheduled to start soon. Do you guys talk to each other like this in person? Just curious.
03-23-2018, 12:35 PM
#22
Gets Weekends Off
Joined APC: Mar 2017
Posts: 559
This is tax law stuff.
ATP CTP = you’re not an employee = the price of the training paid by the airline counts as income.
Type rating = you’re an employee and it’s requires for your job = does not count as income.
The big difference is whether you’re an employee at the time of training or not.
This is going to happen at ALL airlines offering ATP CTP free of charge because it’s a matter of tax law, not company or FAA policy.
Trump’s changes isn’t going to affect any of this.
You never paid for any of the training, it makes no sense to think you’d get any type of tax benefit out of it.
ATP CTP = you’re not an employee = the price of the training paid by the airline counts as income.
Type rating = you’re an employee and it’s requires for your job = does not count as income.
The big difference is whether you’re an employee at the time of training or not.
This is going to happen at ALL airlines offering ATP CTP free of charge because it’s a matter of tax law, not company or FAA policy.
Trump’s changes isn’t going to affect any of this.
You never paid for any of the training, it makes no sense to think you’d get any type of tax benefit out of it.
03-23-2018, 01:30 PM
#23
Gets Weekends Off
Joined APC: May 2016
Posts: 1,015
This is tax law stuff.
ATP CTP = you’re not an employee = the price of the training paid by the airline counts as income.
Type rating = you’re an employee and it’s requires for your job = does not count as income.
The big difference is whether you’re an employee at the time of training or not.
This is going to happen at ALL airlines offering ATP CTP free of charge because it’s a matter of tax law, not company or FAA policy.
Trump’s changes isn’t going to affect any of this.
You never paid for any of the training, it makes no sense to think you’d get any type of tax benefit out of it.
ATP CTP = you’re not an employee = the price of the training paid by the airline counts as income.
Type rating = you’re an employee and it’s requires for your job = does not count as income.
The big difference is whether you’re an employee at the time of training or not.
This is going to happen at ALL airlines offering ATP CTP free of charge because it’s a matter of tax law, not company or FAA policy.
Trump’s changes isn’t going to affect any of this.
You never paid for any of the training, it makes no sense to think you’d get any type of tax benefit out of it.
Really no different with the ATP. The pilot is already an educated and qualified pilot, they just need to become licensed to work within the employers environment (which as of 2014 or whenever it was now requires an ATP, a change from the past).
I think pilots sell themselves too short all to often. Just because things used to be worse doesn’t mean they’re where they need to be currently, I think they call this Stockholm Syndrome.
03-24-2018, 07:50 AM
#24
Gets Weekends Off
Joined APC: Mar 2017
Posts: 559
Endeavor isn’t sending out 1099s to their new hires for the ATP/CTP. We weren’t employees when we did it. Haven’t heard of this happening anywhere but republic. And to be honest, and this isn’t being entitled one bit, I don’t think this tax burden should fall in the new hire. Taking the CTP course and qualifying for the written is a large expense. While a doctor shouldn’t expect a new hospital they just got hired to pay for their medical education, they probably cover the costs of becoming licensed to practice in that particular state.
Really no different with the ATP. The pilot is already an educated and qualified pilot, they just need to become licensed to work within the employers environment (which as of 2014 or whenever it was now requires an ATP, a change from the past).
I think pilots sell themselves too short all to often. Just because things used to be worse doesn’t mean they’re where they need to be currently, I think they call this Stockholm Syndrome.
Really no different with the ATP. The pilot is already an educated and qualified pilot, they just need to become licensed to work within the employers environment (which as of 2014 or whenever it was now requires an ATP, a change from the past).
I think pilots sell themselves too short all to often. Just because things used to be worse doesn’t mean they’re where they need to be currently, I think they call this Stockholm Syndrome.
03-24-2018, 08:17 AM
#25
Gets Weekends Off
Joined APC: May 2016
Posts: 1,015
This is simply not happening at other regionals.
03-25-2018, 05:16 AM
#28
P/T Gear Slinger
Joined APC: May 2017
Position: Airbus
Posts: 824
11-17-2018, 05:56 PM
#29
Gets Weekends Off
Joined APC: Oct 2018
Posts: 122
Republic pays for your CTP ATP and ATP written like others have said. Yes 1099. Big benefit here is they also get you a NICE hotel for entire training for YOURSELF. Alot of other places you CO-DOMICILE or have to pay 3,000 for your own room like Skywest. Also no bonus! Republic also pays you 75 flight hours approx. $3400 per month for training and even when your sitting at home doing nothing for 2 months because of training backlog. Skywest doesn't pay you. Endeavor has training backlog and FOREVER RESERVE. Skywest minimal reserve on crj 200 but long reserve if you want ERJ, READY RESERVE at airport. Republic almost no reserve and NO READY RESERVE just 2 hour call out. There is NO COMPARISON. Republic is winning!
If anyone needs a foot in the door with Republic feel free to PM me.
If anyone needs a foot in the door with Republic feel free to PM me.
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